Famous Dave’s of America, Inc. (NASDAQ:DAVE) Director Charles William Mooty purchased 16,256 shares of the stock in a transaction dated Monday, August 21st. The shares were purchased at an average price of $4.00 per share, for a total transaction of $65,024.00. Following the completion of the transaction, the director now owns 83,256 shares in the company, valued at approximately $333,024. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Charles William Mooty also recently made the following trade(s):

  • On Tuesday, August 22nd, Charles William Mooty purchased 99 shares of Famous Dave’s of America stock. The shares were purchased at an average price of $4.05 per share, for a total transaction of $400.95.

Famous Dave’s of America, Inc. (NASDAQ DAVE) opened at 4.30 on Friday. The firm’s market capitalization is $29.92 million. The stock’s 50 day moving average price is $3.66 and its 200 day moving average price is $4.15. Famous Dave’s of America, Inc. has a 12 month low of $3.38 and a 12 month high of $6.60.

Famous Dave’s of America (NASDAQ:DAVE) last released its earnings results on Monday, August 14th. The restaurant operator reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.07. The business had revenue of $25.30 million for the quarter, compared to analyst estimates of $26.06 million. Famous Dave’s of America had a negative net margin of 6.19% and a positive return on equity of 0.70%. Famous Dave’s of America’s revenue for the quarter was down 8.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.17 earnings per share. Equities research analysts expect that Famous Dave’s of America, Inc. will post ($0.06) earnings per share for the current fiscal year.

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Several brokerages have recently issued reports on DAVE. Zacks Investment Research upgraded Famous Dave’s of America from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 9th. ValuEngine upgraded Famous Dave’s of America from a “strong sell” rating to a “sell” rating in a research report on Wednesday, August 16th.

A number of institutional investors have recently added to or reduced their stakes in the stock. Perkins Capital Management Inc. raised its position in Famous Dave’s of America by 11.7% in the second quarter. Perkins Capital Management Inc. now owns 176,100 shares of the restaurant operator’s stock valued at $634,000 after buying an additional 18,500 shares during the last quarter. Raging Capital Management LLC raised its position in Famous Dave’s of America by 14.9% in the first quarter. Raging Capital Management LLC now owns 617,715 shares of the restaurant operator’s stock valued at $2,378,000 after buying an additional 80,098 shares during the last quarter. Finally, Bandera Partners LLC raised its position in Famous Dave’s of America by 31.0% in the second quarter. Bandera Partners LLC now owns 1,093,265 shares of the restaurant operator’s stock valued at $3,936,000 after buying an additional 258,893 shares during the last quarter. Institutional investors and hedge funds own 60.54% of the company’s stock.

Famous Dave’s of America Company Profile

Famous Dave’s of America, Inc (Famous Dave’s) operates restaurants. The Company’s restaurants, which offer full table service, feature wood-smoked and off-the-grill entree favorites that fit into the barbeque category. It has the Company-owned and franchise-operated restaurants in the United States, the Commonwealth of Puerto Rico, and Canada, and it operates within the industry segment of foodservice.

Insider Buying and Selling by Quarter for Famous Dave`s of America (NASDAQ:DAVE)

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